He expressed the opinion that US hegemony is in danger because of the alliance of Russia, the Middle East and China.
"There is a growing recognition of fragmentation in the world, and — perhaps even more disturbing — I think there is a growing sense that we have become not the best part of the world that others do not want to associate themselves with," Bloomberg quoted Summers as saying.
According to him, the deepening of ties between Washington's opponents threatens the United States not only with political, but also with economic problems.
Earlier, former US President Donald Trump said that the leaders of Russia, China and the DPRK are the smartest people.
He also expressed the opinion that the policy of the White House, led by Joe Biden, will soon lead the United States to World War III.